Private Mortgage Investing by Teri B. Clark

Private mortgages have grown into a multi-billion-dollar industry. This market allows investors to earn substantially higher yields—while offering the security of real property to back the loan. Private mortgages have become an important fixed income vehicle for many investors with their personal funds, equity, and self-directed IRA accounts.

Saturday, June 23, 2007

Private mortgage collateral is typically the real estate loaned on. However it can and does sometimes include other assets of the individual or business borrowing the hard money. In many cases a private money lender will offer a smaller loan size based upon a lower "Loan To Value Ratio". This means they may opt to loan no more than 65% of the property value. Therefore it is common for real estate investors to offer additional real estate as collateral in order to obtain a larger loan amount. This is known as cross-collateralization.

Monday, June 18, 2007

My book, Private Mortgage Investing, won runner-up in the finance category of Foreword Magazines Book of the Year Awards. This is quite prestigious and I'm really excited. If you want to invest in real estate or help those that do, private mortgage investing is worth checking out. my book can help you learn how.

Saturday, May 26, 2007

A growing number of North Americans Muslims are willing to pay more for their mortgages, so long as the deal complies with their religious beliefs. It is estimated that at least one third of Muslims will refuse conventional mortgages because they violate shariah law, Islam's guiding body of rules, by charging interest. As a private mortgage investor, you may be able to find a way for this to work for you.

A shariah-approved mortgage could be structured as a co-ownership between the buyer and the lender in which the buyer leases to own.

In Canada, shariah-compliant mortgages are between 100 and 300 basis points more expensive than conventional mortgages. In the United States, however, the spread narrows to between 40 and 100 basis points.

About 40% of the 7.5 million Muslims in the United States do not own a house. The market could be immediately worth about US$1.7-billion.

Saturday, May 19, 2007

The already slow real estate market situation was compounded when the Federal Reserve announced that interest rates will not be going down, which has negatively impacted the stock market, and may continue to impact home sales for some time.

If you lend to those that flip, they will be finding it to sell these homes quickly. Since staged homes sell for 6.9% more than a non-staged home and sell 50% faster, you should consider requiring that such homes be staged.

Friday, May 04, 2007

The Very Well Said Best Selling Books By Subject associated with Amazon.com has Private Mortgage Investing by me, Teri B. Clark, listed as #8 in the category of Mortgage Books as of Sunday April 29th.

According to Nasiri Suzan, Director of Funding of Fidelity Investments LLC,Private Mortgage Investing is incredibly useful in explaining the dos and don'ts of private mortgage investing as well as a wealth of information on all related topics.